MarketFriction

Asian Warehousing Ltd

BSE 543927 · Food Storage Facilities
₹33.85 +1.14%
BSE close2026-10-01
Market cap₹11.7 Cr.
P/E43.3

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales0.380.410.390.420.300.231.180.440.460.480.410.54
Expenses0.190.080.130.120.120.150.990.180.180.230.120.28
Operating Profit0.190.330.260.300.180.080.190.260.280.250.290.26
OPM %50.00%80.49%66.67%71.43%60.00%34.78%16.10%59.09%60.87%52.08%70.73%48.15%
Other Income0.07-0.00-0.00-0.00-0.00-0.000.01-0.00-0.00-0.000.01-0.00
Interest0.300.160.280.200.190.180.160.200.190.160.140.14
Depreciation0.060.060.060.060.060.060.060.060.060.060.060.08
Profit before tax-0.100.11-0.080.04-0.07-0.16-0.02-0.000.030.030.100.04
Tax %40.00%18.18%-175.00%-225.00%-114.29%-43.75%-100.00%-133.33%100.00%-70.00%25.00%
Net Profit-0.140.090.060.130.01-0.09-0.00-0.000.07-0.000.160.04
EPS in Rs-0.400.260.170.370.03-0.26-0.00-0.000.20-0.000.460.11
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2.041.591.621.831.632.131.791.89
Expenses0.560.360.370.510.481.390.720.81
Operating Profit1.481.231.251.321.150.741.071.08
OPM %72.55%77.36%77.16%72.13%70.55%34.74%59.78%57.14%
Other Income0.050.030.010.010.070.010.020.01
Interest1.100.970.930.950.910.720.700.63
Depreciation0.220.230.220.220.220.220.230.26
Profit before tax0.210.060.110.160.09-0.190.160.20
Tax %76.19%100.00%-63.64%-6.25%-66.67%-131.58%-43.75%
Net Profit0.04-0.000.190.170.150.060.230.27
EPS in Rs0.11-0.000.540.490.430.170.660.77
Dividend Payout %-0.00%-0.00%-0.00%-0.00%-0.00%-0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%2%-1%-12%
Compounded Profit Growth%%11%438%
Stock Price CAGR%%-11%-17%
Return on Equity%1%1%1%
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital3.493.493.493.493.493.493.49
Reserves22.4522.3322.5222.6922.8322.5922.84
Borrowings9.238.968.187.707.576.977.00
Other Liabilities1.631.681.631.591.361.081.34
Total Liabilities36.8036.4635.8235.4735.2534.1334.67
Fixed Assets35.06-0.0034.6334.4034.1833.6734.19
CWIP-0.00-0.00-0.00-0.00-0.00-0.00-0.00
Investments-0.00-0.00-0.00-0.00-0.00-0.00-0.00
Other Assets1.7436.461.191.071.070.460.48
Total Assets36.8036.4635.8235.4735.2534.1334.67
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1.241.241.671.421.390.981.52
Cash from Investing Activity0.050.010.010.01-0.00-0.00-0.87
Cash from Financing Activity-1.36-1.24-1.71-1.43-1.04-1.31-0.66
Net Cash Flow-0.080.02-0.03-0.000.34-0.34-0.01
Free Cash Flow1.241.241.671.421.390.980.77
CFO/OP72%101%134%108%121%132%142%
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days164.61227.26148.70121.67118.6859.9836.70
Inventory Days-0.00
Days Payable
Cash Conversion Cycle164.61227.26148.70121.67118.6859.9836.70
Working Capital Days-114.51300.72-493.43-570.44-821.81-868.80-1,378.44
ROCE %2.94%3.02%3.26%2.95%1.58%2.59%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters71.03%71.03%71.03%71.03%71.03%71.03%71.03%71.03%71.03%71.03%71.03%71.03%
DIIs0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%
Public28.97%28.95%28.95%28.96%28.94%28.94%28.96%28.96%28.96%28.96%28.95%28.96%
No. of Shareholders2,1542,3002,4092,8142,9203,3833,5543,5543,5913,6303,6363,643

Fundamentals

Market Cap₹ 11.7 Cr.
Current Price₹ 33.5
Stock P/E43.3
Book Value₹ 75.5
ROCE2.59 %
ROE0.88 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-12%
Compounded Profit Growth (TTM)438%
Standalone figures.
Valuation
Market capRs 12 Cr
Enterprise valueRs 20 Cr
P/E (TTM)69.44x
Price to book0.45x
Price to sales6.25x
EV / EBITDA17.89x
EV / EBIT23.50x
EV / sales10.32x
Price to cash flow8.31x
Earnings yield1.44%
Profitability
Operating margin (excl. other income)72.13%
Operating margin (incl. other income)72.68%
EBITDA margin57.67%
Pre-tax margin10.58%
Net profit margin8.99%
Net margin, latest quarter7.41%
ROE0.65%
ROCE3.26%
ROA0.48%
ROE, 3-year average0.69%
ROCE, 3-year average3.07%
ROA, 3-year average0.50%
ROIC (approx.)2.60%
Tax rate-6.25%
Other income / net worth0.04%
Growth
Sales growth (latest year)12.96%
Profit growth (latest year)-10.53%
Sales CAGR, 3 years-3.56%
Profit CAGR, 3 years61.98%
Sales growth QoQ31.71%
Profit growth QoQ-75.00%
Sales growth YoY (latest quarter)22.73%
Per share
EPS (TTM)Rs 0.49
EPS (latest year)Rs 0.49
EPS (latest quarter)Rs 0.11
EPS, 3-year averageRs 0.52
Book value per shareRs 75.07
Sales per shareRs 5.42
Cash flow per shareRs 4.07
Free cash flow per shareRs 2.21
Efficiency
Asset turnover0.05x
Fixed asset turnover0.05x
Debtor days122 days
Debtors turnover3.00x
Cash conversion cycle37 days
Working capital days-1378 days
Leverage
Total debtRs 8 Cr
Net debtRs 8 Cr
Debt to equity0.29x
Net debt / EBITDA7.06x
Interest coverage1.32x
Owners' fund to total sources73.81%
Debt to assets21.71%
Cash flow
Cash from Operating Activity (latest year)Rs 1 Cr
Cash from Investing Activity (latest year)Rs 0 Cr
Cash from Financing Activity (latest year)Rs -1 Cr
Free cash flow (latest year)Rs 1 Cr
FCFE (approx.: FCF + change in debt)Rs 0 Cr
Cash from ops / profit, 5 years8.72x
Sales to cash flow1.29x
Statement figures
Net sales (TTM)Rs 2 Cr
Net sales (latest year)Rs 2 Cr
Sales (latest quarter)Rs 1 Cr
Operating profit excl. other income (latest year)Rs 1 Cr
Operating profit (latest quarter)Rs 0 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 1 Cr
PBDT (TTM)Rs 0 Cr
Profit before tax (TTM)Rs 0 Cr
Tax (latest year)Rs -0 Cr
Net profit (TTM)Rs 0 Cr
Net profit (latest year)Rs 0 Cr
Net profit (latest quarter)Rs 0 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 1 Cr
Total income (latest year)Rs 2 Cr
Share capitalRs 3 Cr
ReservesRs 23 Cr
Shareholders' fundsRs 26 Cr
Total assetsRs 35 Cr
Net blockRs 34 Cr
ReceivablesRs 1 Cr
Other liabilitiesRs 2 Cr
Shares outstanding (crore)0.35
Ownership
Promoter holding71.03% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 65.6 is at the 6th percentile of its own 2.6-year range (median 137.8, low 64.6, high 366.3).
P/B 0.45 is at the 18th percentile (median 0.52).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period543927Nifty 50Difference
1 week+0.7%-2.8% +3.5 pts
1 month-3.0%-6.8% +3.8 pts
3 months-4.9%-7.6% +2.7 pts
3 years-29.5%+14.2% -43.7 pts

Red flags

F-score 6 of 8
explainLow interest cover Interest cover 1.2x in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹1 Cr +22.7% vs Jun 2025. Net profit ₹0 Cr.

Activity

Compare
No listed peers in this industry.
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Asian Warehousing Ltd?

Asian Warehousing Ltd (543927) has a market capitalisation of Rs 11.7 Cr. at the 2026-10-01 close.

What is the P/E ratio of Asian Warehousing Ltd?

Asian Warehousing Ltd trades at a P/E of 43.3 on trailing twelve-month profit, at the 2026-10-01 close.

What were Asian Warehousing Ltd's latest quarterly results?

In the Jun 2026 quarter, Asian Warehousing Ltd sales was Rs 1 Cr (+22.7% vs Jun 2025) and net profit was Rs 0 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03